Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 58a-815 - General powers of trustee(a) A trustee, without authorization by the court, may exercise: (1) Powers conferred by the terms of the trust; and(2) except as limited by the terms of the trust:(A) All powers over the trust property which an unmarried competent owner has over individually owned property;(B) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and(C) any other powers conferred by this code.(b) The exercise of a power is subject to the fiduciary duties prescribed by this article. L. 2002, ch. 133, § 72; L. 2004, ch. 158, § 14; July 1.